MBA EXIT EXAM WITH CORRECT ACTUAL
200 QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY
GRADED A+ 2025 – 2026
draft - ANSWERS-three-party instrument where one person
(drawer) orders a second person (drawee) to pay a certain
sum in money to a third person (payee) either on demand
or at a definite future date
dummy activity - ANSWERS-fictitious activity with zero
activity time used to represent precedence or used
whenever 2 or more activities have the same starting and
ending nodes
dumping - ANSWERS-selling domestic products at low prices
in a foreign market in order to dump excess inventory or
otherwise unsellable goods
,dupont formula - ANSWERS-breakdown of ROI into profit
margin and asset T/O
earnings per share (EPS) - ANSWERS-earnings after tax/
total # of shares O/S
accounting exposure - ANSWERS-variability in the firm's
reported values for NI and net worth that results from
changes in exchange rates
accounting rate of return - ANSWERS-capital-budgeting
criterion that relates the returns generated by the project,
as measured by average accounting profits AFTER tax, to avg
dollar size of the investment required; AKA simple ROR or
unadjusted ROR
accounts receivable turnover - ANSWERS-annual credit
sales/ avg A/R
acid test ratio - ANSWERS-(CA-inv)/CL. more stringent
measure of liquidity than current ratio. AKA quick ratio
,activity-based costing (ABC) - ANSWERS-system that
accumulates costs on the basis of production or service
activities at a firm. Assigns costs by activity and links them
to specific products
Activity-based management (ABM) - ANSWERS-system-
wide, integrated approach that focuses mgmt's attn on
activities with the objectives of improving customer value
and the profit achieved by providing this value. ABC is major
source of info for this
advertising - ANSWERS-any paid form of non personal
communication designed to gain acceptance of the
advertiser's message
advertising research - ANSWERS-carried on as an aid or
support function to the advertising manager
after-tax cash flow - ANSWERS-the net cash flow (cash rev-
cash exp) after taxes have been subtracted. CF generated
from operations
, agency relationship - ANSWERS-consensual arrangement
between 2 persons whereby one agrees to act for the
benefit of and under control of the other person
aggregate production planning - ANSWERS-establishment of
aggregate production and inventory levels over a medium
range time horizon
american terms - ANSWERS-method of exchange-rate
quotation that gives the value of a foreign currency in USD
amortized loan - ANSWERS-loan that's paid off in periodic
equal installments and includes varying portions of principal
and interest during its term
analysis of variances (variance analysis) - ANSWERS-analysis
and investigation of causes for variances between std costs
and actual costs. variance favorable if actual costs < std
costs. unfavorable if actual costs > std costs. need to
investigate unfavorable variances further to determine
causes, so corrective action can be taken
annual report - ANSWERS-audited document issued
annually by all publicly listed corporations to their SH in
200 QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY
GRADED A+ 2025 – 2026
draft - ANSWERS-three-party instrument where one person
(drawer) orders a second person (drawee) to pay a certain
sum in money to a third person (payee) either on demand
or at a definite future date
dummy activity - ANSWERS-fictitious activity with zero
activity time used to represent precedence or used
whenever 2 or more activities have the same starting and
ending nodes
dumping - ANSWERS-selling domestic products at low prices
in a foreign market in order to dump excess inventory or
otherwise unsellable goods
,dupont formula - ANSWERS-breakdown of ROI into profit
margin and asset T/O
earnings per share (EPS) - ANSWERS-earnings after tax/
total # of shares O/S
accounting exposure - ANSWERS-variability in the firm's
reported values for NI and net worth that results from
changes in exchange rates
accounting rate of return - ANSWERS-capital-budgeting
criterion that relates the returns generated by the project,
as measured by average accounting profits AFTER tax, to avg
dollar size of the investment required; AKA simple ROR or
unadjusted ROR
accounts receivable turnover - ANSWERS-annual credit
sales/ avg A/R
acid test ratio - ANSWERS-(CA-inv)/CL. more stringent
measure of liquidity than current ratio. AKA quick ratio
,activity-based costing (ABC) - ANSWERS-system that
accumulates costs on the basis of production or service
activities at a firm. Assigns costs by activity and links them
to specific products
Activity-based management (ABM) - ANSWERS-system-
wide, integrated approach that focuses mgmt's attn on
activities with the objectives of improving customer value
and the profit achieved by providing this value. ABC is major
source of info for this
advertising - ANSWERS-any paid form of non personal
communication designed to gain acceptance of the
advertiser's message
advertising research - ANSWERS-carried on as an aid or
support function to the advertising manager
after-tax cash flow - ANSWERS-the net cash flow (cash rev-
cash exp) after taxes have been subtracted. CF generated
from operations
, agency relationship - ANSWERS-consensual arrangement
between 2 persons whereby one agrees to act for the
benefit of and under control of the other person
aggregate production planning - ANSWERS-establishment of
aggregate production and inventory levels over a medium
range time horizon
american terms - ANSWERS-method of exchange-rate
quotation that gives the value of a foreign currency in USD
amortized loan - ANSWERS-loan that's paid off in periodic
equal installments and includes varying portions of principal
and interest during its term
analysis of variances (variance analysis) - ANSWERS-analysis
and investigation of causes for variances between std costs
and actual costs. variance favorable if actual costs < std
costs. unfavorable if actual costs > std costs. need to
investigate unfavorable variances further to determine
causes, so corrective action can be taken
annual report - ANSWERS-audited document issued
annually by all publicly listed corporations to their SH in
